Ircs Center For Economic Opportunity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,067,458 | 1,474,052 | 593,406 | 26.8 | 15% |
| 2021 | 2,766,527 | 1,223,774 | 1,542,753 | 47.4 | 29% |
| 2022 | 5,658,628 | 2,595,090 | 3,063,538 | 36.5 | 19% |
| 2023 | 6,039,414 | 1,353,615 | 4,685,799 | 111.5 | 45% |
In its most recent public year (2023), this organization brought in $4,685,799 more than it spent. Its reserves stood at about 111.5 months of spending, up from 26.8 in 2020. Staff pay was 45% of spending. $9,067,835 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works